$680,000 - 178 Rose Street, Barrie
Detached for Sale in Barrie
Neighbourhood: Wellington
- MLS Number
- S13618618
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Are you looking for a fully insulated shop with eight chest-height electrical outlets? Whether you're a hobbyist, tradesperson, or simply need additional workspace, this property offers the versatility you've been searching for! Situated on an R2-zoned lot, this home also features two separate driveways, providing ample parking for vehicles, trailers, or recreational toys, along with a convenient side entrance to the basement, offering excellent potential for future in-law or income suite possibilities (subject to municipal approvals).This 3-bedroom, 2-bathroom home has already seen many important updates, including an updated roof, a high-efficiency furnace (approximately 2 years old), and an updated 200-amp electrical panel, allowing you to focus on making it your own. Inside, you'll find a functional layout with plenty of space for a growing family, first-time home buyers, or investors looking for a property with outstanding potential.Located in Barrie's desirable east end, you're just minutes from Royal Victoria Regional Health Centre (RVH), Georgian College, schools, parks, shopping, restaurants, public transit, Highway 400, and all everyday amenities. Whether you're searching for your first home, an investment opportunity, or a property to renovate and customize, this home offers endless possibilities in a fantastic location. Don't miss your chance to unlock its full potential!
Estimate your monthly payments for this property
Estimated Payment
$3,488.75/mo
Includes CMHC insurance ($18,972)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Wellington
Wellington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Wellington
- •Convenient location in Barrie
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Wellington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
178 Rose Street, Barrie
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $971/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Wellington
I know Wellington well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.